Wall Street's semiconductor index lost over $500 billion on Wednesday due to reports of potential U.S. export restrictions on China.
INTEL
Intel’s software strategy is expected to reach $1 billion by the end of 2027, or sooner, with its services in AI, performance, and security.
Intel Capital is leading an investment in AI construction startup Buildots, using technology to enhance project management efficiency.
Buildots secures $15 million from Intel Capital aimed at reducing construction delays and improving cost efficiencies.
Buildots, an Israeli company pioneering AI building software, secured a substantial $15 million investment.
Apple issues a new round of threat notifications to iPhone users across 98 countries, warning them of potential mercenary spyware attacks.
Thanks to the generative AI boom, NVIDIA achieved excellent results in 2023, reaching a trillion-dollar valuation.
The expansion is expected to create thousands of jobs during construction and several hundred permanent positions.
Intel’s revenue for the next quarter may be impacted by a new chip export license revoke to sanctioned Chinese company Huawei.
Hala Point contains 1,152 Loihi 2 processors, supporting up to 1.15 billion neurons and 128 billion synapses.
Intel says its Gaudi 3 chip is capable of training large language models 50% more quickly than Nvidia's prior generation H100 processor.
Intel aims to ship 40 million AI PC chips by 2024 and supply processors for over 100 million AI PCs by 2025.
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